MSE News: Summer Budget 2015: Student grant and loan system faces overhaul

edited 30 November -1 at 1:00AM in Student Money Saving
11 replies 3.7K views


  • PlusPlus Forumite
    424 Posts
    Sixth Anniversary 100 Posts Combo Breaker
    Plus wrote: »
    The danger of piling more 'debt' into a pot with the student's name on it is it then becomes very tempting for future governments to play games with it.

    If they were a bank they wouldn't be able to do that, but the government can legislate however it likes to change the conditions and there's nothing loan-holders can do about it. Governments love messing with pensions, for example, so it wouldn't be surprising if at some point they mess with pre-existing student loans.

    I didn't expect my prophecy to come true only a few months after writing it :mad:
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